During the peak season of “Golden September,” although downstream demand fell far short of previous years' market peaks, some spinning mills reported a slight recovery in orders, leading to a reduction in finished goods inventory compared to the previous period. As of September 4, the finished goods inventory for China's pure cotton yarn industry stood at 31.77 days, a 0.14% decrease from the previous month.
With limited improvement in downstream demand, most spinning mills maintained stable operating rates. Statistics show that as of September 4, the average operating rate of domestic pure cotton yarn enterprises stood at 68.39%, unchanged from the previous period.
On September 9, the pure cotton yarn market in Dezhou remained stable with flexible shipments from mills and moderate new orders. Prices were as follows:
- Combed tight-twist 32S: ¥23,500-24,000/ton; 40S: ¥24,000-26,000/ton, subject to negotiation for actual orders.
On September 9, the pure cotton yarn market in Hebei Province maintained stable pricing. Though the traditional peak season has arrived, improving market sentiment has seen limited new orders. Combed compact 60S reference price: ¥26,500-33,000/ton, subject to negotiation for actual orders.
As an integrated internet platform providing benchmark prices, on September 11, the benchmark price of cotton yarn 32S of SunSirs was 23,550.00 RMB/ton, the same as at the beginning of this month.
Application of SunSirs Benchmark Pricing：
Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
